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Cash value is a living benefit that stays with the insurance provider when the insured dies. Any impressive fundings versus the money worth will minimize the plan's survivor benefit. Riders. The policy owner and the guaranteed are normally the very same individual, yet in some cases they may be various. For instance, a business could acquire essential person insurance coverage on an essential worker such as a CHIEF EXECUTIVE OFFICER, or an insured may sell their own policy to a 3rd party for cash money in a life settlement.
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What is the difference between Final Expense and other options?